2206 Arthur Street NE, Minneapolis, MN 55418

$499,000
5
BD
3
BA
2,618
SqFt

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List Price
$499,000
MLS#
7101743
Status
ACTIVE
Type
Multifamily
Style
(MF) Duplex Up and Down
Bedrooms
5
Bathrooms
3
Living Area
2,618
Acres
0.12
Subdivision
Auditors Sub 228
Neighborhood
87
Year Built
1949

Property Description

Charming up/down duplex in the heart of Northeast Minneapolis! Nestled in the highly desirable Windom Park neighborhood, this well-maintained property offers an excellent opportunity for both investors and owner-occupants. The spacious lower unit features 4 bedrooms and 2 bathrooms and is currently vacant, providing immediate flexibility for an owner-occupant or the ability to lease at current market rents. Previously leased for $2,575/mo. The upper 1-bedroom, 1-bathroom unit is leased through September 2026 at $1,400 per month. Numerous updates include a new roof (2021), two new furnaces (2023), new A/C for the upper unit (2023), and renovations to the lower unit featuring new carpet, fresh paint, bathroom refresh, butcher block countertops, and updated hardware. Conveniently located just minutes from the University of Minnesota, St. Anthony Main, Downtown Minneapolis, the North Loop, and major highways including I-35W, this property offers the perfect combination of location, flexibility, and investment potential. Whether you're looking to expand your portfolio or offset your mortgage with rental income, this Northeast duplex is one you won't want to miss.

Additional Information

School District
Minneapolis
Tax Year
2025
Fencing
Wood
Fuel
Natural Gas
Sewer
City Sewer/Connected
Roof
Age 8 Years or Less
Heating
Forced Air
Water
City Water/Connected
Basement
Block, Egress Window(s), Finished, Full
Parking
Attached Garage, Asphalt, Floor Drain, Garage Door Opener, No Int Access to Dwelling
Garage Spaces
2

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Calculator source: Real Geeks

Listing courtesy of Keller Williams Realty Integrity Lakes.

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